Capella Education Company (CPLA) Posts Quarterly Earnings Results, Beats Expectations By $0.05 EPS
Capella Education Company (NASDAQ:CPLA) issued its quarterly earnings results on Monday. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.05, Briefing.com reports. The business had revenue of $107.01 million during the quarter, compared to analysts’ expectations of $108.10 million. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 earnings per share.
Capella Education (CPLA) opened at 85.45 on Tuesday. Capella Education has a 12 month low of $65.15 and a 12 month high of $99.25. The firm has a market capitalization of $997.29 million, a P/E ratio of 22.06 and a beta of 0.44. The firm’s 50-day moving average is $68.87 and its 200 day moving average is $78.70.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, August 25th were given a dividend of $0.41 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.64 annualized dividend and a yield of 1.92%. Capella Education’s dividend payout ratio is currently 42.38%.
Several brokerages recently issued reports on CPLA. Zacks Investment Research upgraded Capella Education from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. BidaskClub cut Capella Education from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Barrington Research cut Capella Education from an “outperform” rating to a “market perform” rating in a research note on Monday. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $86.00 price target on shares of Capella Education in a research note on Monday, September 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Capella Education presently has an average rating of “Hold” and an average price target of $87.00.
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Capella Education Company Profile
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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